The development comes after former director Ahmed Buhari challenges NCLT’s approval for resolution plan of Dickey Alternative-Adani Power consortium

NCLT also appoints Roshen Chordiya as Pune-based pharmaceutical company’s interim resolution professional

The board will meet on 9 December to consider issuance of shares and convertible securities on a preferential basis

NCLT orders liquidation of bankrupt carrier, which operated ultra-low-cost airline Go First, and appoints Dinkar Venkatasubramanian as the liquidator

India’s insolvency regulator amends the norms related to the insolvency resolution for corporate persons to streamline the process

Khaitan & Co acted as the legal counsel to the Indian power producer

Sumeet Arora filed the insolvency plea against Quant Capital over outstanding dues

NCLT to hear cases related to Jet Airways, Bhushan Steel, GVK Gautami Power, AMW AutoComponent and NCR Rail Infrastructure

Indian food and grocery delivery firm incorporates a new subsidiary, Swiggy Sports, to foray into the sports business

Jewellery retailer seeks reappointment of Managing Director T.S. Kalyanaraman and shareholders’ nod for his annual remuneration of 12.12 crore rupee

Vedanta’s board approves a first interim dividend of 11 rupees per share for FY25

Most recently, Rajiv Anand served as deputy managing director of Axis Bank

The proposal aims to reduce the burden on the adjudicating authority and expedite insolvency admissions

Reliance Infrastructure makes full payment of 92.68 crore rupees to Dhursar Solar Power and will ask NCLAT for the withdrawal of NCLT’s order

NCLT to hear cases related to Reliance Capital, Kamala Mills, Ess Dee Aluminium, Reliance Communications, Sadbhav Engineering and Syska LED Lights

Venkata K. Narayana resigns to pursue other interests, including establishing a real estate fund

Astro owns 26 offshore support vessels and the acquisition is part of APSEZ’s strategy to become one of the world’s largest marine operators

Bernstein initiates coverage on IndusInd Bank and Muthoot Finance with Outperform ratings